Institutional Asset Manager
10 Aug, 2021
JTC partners with startup InsiderList.com to launch MAR compliance solution
JTC Group has launched JTC Insider, powered by InsiderList.com, a new software platform designed to automate the extensive regulatory tasks associated with Market Abuse Regulation for its listed clients.
Market Abuse Regulation (MAR) was introduced in Europe to ensure the integrity of the financial markets and enhance investor protection, however, it also places significant strain on many listed companies.
InsiderList.com provides a complete workflow automation platform, designed to greatly reduce the amount of time and resources necessary to comply with the extensive data and record-keeping requirements. It also maximises protection for individuals and companies who may be liable for extensive sanctions if the correct procedures are not followed.
JTC is renowned for leading through innovation and identified the opportunity to be at the front of the curve with respect to technology within the FinTech (financial) and RegTech (regulatory) space. The company recognised the need for a platform which helps protect both investors and clients alike and selected InsiderList.com’s MAR compliance solution for both their own requirements as a PLC and an administrator of listed clients.
Susan Fadil, Senior Director – Institutional Client Services, says: “Our listed clients will benefit from enhanced regulatory compliance and protection that using JTC Insider will provide, the deployment of this innovative technology confirms our commitment to harnessing technology for the benefit of our clients”.
Speaking about the launch, Adam Jeffries, Group Chief Information Officer at JTC, said “We are delighted to once again provide a cutting-edge technological solution to address a significant challenge faced by our listed clients and the industry as a whole. JTC Insider has the ability to transform the regulatory reporting process and free up valuable time and resources.”
Rob McCombie, Founder and CEO of InsiderList.com, says: “We are delighted to work with JTC and deploy our MAR compliance solution across their extensive client base. As a FTSE 250 listed business and one of the world’s leading fund administrators with over USD180 billion AUA, their adoption of the platform is a great validation of the system’s capabilities.”.